BUX is an app that makes trading stocks super easy, ultra-affordable and above all, fun and exciting.
- Amsterdam, Netherlands
Categories: Finance & Payments Digital B2C
- Social Media
- Company number
- Incorporation date
- 18 Jul 2013
- Investment sought:
- Equity offered:
BUX is a tech company that makes it easy and affordable for Europeans to do more with their money. Launched in 2014, and with more than 2.3 million users across Europe, BUX is making the markets more accessible through its apps that offer commission-free investing and speculative trading.
BUX Zero, launched in 2019, allows a new generation of investors to engage in the market through an intuitive app where they can invest commission-free in the brands that are aligned to their personal interests and values. Alternatively, BUX X simplifies the trading experience for those who want to trade stocks, cryptos, forex and other products on the short-term using leverage, all while engaging with a community of fellow traders.
BUX ultimately aims to be the go-to destination for those who want to take ownership of their financial future: for every investment need, BUX aims to offer a solution by disrupting the current world of investing and trading.
As this is a pre-emption campaign, limited information is being provided. More information can be found by downloading the pitch deck. Additionally, BUX has shared their Q3 update which can be found on their post investment page. Please note that this information hasn't been approved by Seedrs.
BUX has recently raised €11,702,462 from several venture capital investors. This campaign will allow Seedrs investors to exercise their pre-emption rights and participate in the funding round on the same terms as the lead investors. Seedrs investors will be able to invest up until 1st November.
In addition to the equity investment, BUX has raised €4.6m of debt, which is repayable over 3 years. As part of this deal the debt provider has received warrants for shares in BUX that are exercisable at the same share price as this round. The warrants represent 0.74% of the pre-money shares on a fully diluted basis. The funds raised in this round will not be used to pay off this debt.